S3 (A LONGER TERM PERSPECTIVE) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : S3 (A LONGER TERM PERSPECTIVE)

SIII 0.0001000

0.0%

May 12 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Bill Lin who wrote (9150)	2/1/1998 3:05:00 PM
From: Ken Muller	Read Replies (1) of 14577

Bill: Re: Value of S3 I think you have got to add in some liability for the class action lawsuits: Bondholders- 5 3/4% interest was below market and was justified by convertible option. Since S3 padded the revenue numbers, I think the bondholders will be justified in asking for an adjustment to their interest rate to a market rate. Would guess probably 7 1/2%. Shareholders - Many of the class actions I have been involved with with mid cap companies, settle in the $20 million range. That's usually with some claim that the company should (shouldn't) have made certain statements. In S3's case, this could get very messy. However, I would estimate $20 million as a minimum to be safe. Ken

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next